GST Could Be A Subject Of Study In U.S. Business Schools, Says Modi
Here’s what American CEOs said after meeting Prime Minister Modi...
Prime Minister Narendra Modi met chief executive officers of some of the biggest American companies in Washington D.C. on Sunday, including Apple Inc.’s Tim Cook, Microsoft Corp’s Satya Nadella and Google Inc.’s Sundar Pichai.
During the meeting with the 21 business leaders, Prime Minister reiterated his optimism for initiatives such as Make In India, Digital India and Goods And Services Tax. Confident of the July 1 GST implementation, Modi said it could become a subject of study in the U.S. business schools.
The Prime Minister said the partnership between the two countries is a win-win situation for both and the companies in the U.S. have a great opportunity to contribute to that. They could benefit from steps taken to cut red tape, he said. “7,000 reforms have been taken by the government of India for ease of doing business, minimum government and maximum governance.”
After the roundtable meeting, reactions from the CEOs poured in on Twitter. Here’s what they said...
Excited About GST: Pichai
Google’s Pichai said he was excited to see the GST rollout happen as it would show how one can achieve reforms by pushing hard for it.
Impressed With Optimism: Bezos
India’s invention and optimism impressed Amazon’s CEO Jeff Bezos, who said he was excited to invest and grow in India.
Confident Partnership: Lockheed’s Hewson
The ‘confident partnership’ between India and the U.S., according to arms-manufacturer Lockheed Martin’s CEO Marillyn Hewson, will strengthen India’s ties with the company.
GST A New Way Of Doing Business: Walmart
Walmart India’s CEO Krish Iyer said GST would bring in a new way of doing business in India.
Accolades For Make In India
Daniel Yergin, vice chairman of IHS Markit, said he looked forward to advancing relations between both the countries and applauded the government’s ‘Make In India’ initiative.
Cisco’s Chambers Backs Digital Push
Referring to the country’s digital initiatives, Cisco CEO John Chambers, who is also the chairman of U.S.-India Business Council, said that India will move to becoming a fast innovative leader.